SALE CONSIDERATION. 6.1 That in pursuance of this agreement of sale the Vendor agrees to sell the Scheduled Flat and the Purchaser agrees to purchase the Scheduled Flat for the consideration mentioned in Annexure –A.
SALE CONSIDERATION. 6.1 That in pursuance of this agreement of sale the Vendor agrees to sell the Scheduled Villa and the Purchaser agrees to purchase the Scheduled Villa for the consideration mentioned in Annexure –A.
SALE CONSIDERATION. 6.1 The Vendor hereby sells the Scheduled Flat and the Purchaser hereby shall become the absolute owner of the Scheduled Flat. The Purchaser has paid the entire sale consideration to the Vendor and the Vendor duly acknowledges the receipt of the entire sale consideration and the details of which are mentioned in Annexure – A.
SALE CONSIDERATION. The Seller acknowledges and agrees that (a) the Sale Consideration has been determined by arms-length negotiations between the Seller and the Purchaser based upon each party’s analysis and diligence concerning the Company’s prospects and the fair market value of the Units, and (b) the Seller has not made any representations or warranties to the Purchaser regarding the historical or prospective financial or operating performance of, or any other matters relating to, the Seller or its subsidiaries.
SALE CONSIDERATION. (a) The Promoter shall sell and transfer to the Purchaser/s and the Purchaser/s shall purchase and acquire from the Promoter, the said Residential Flat and the said Covered Car Parking Space [Strike out where not applicable] on "ownership basis" for which the total Sale Consideration receivable by the Promoter towards the sale of the said Residential Flat shall be Rs.
SALE CONSIDERATION. Subject to the other terms and conditions of this Agreement, and as full payment for the Assets, the Buyer will pay and transfer to the Seller the following:
SALE CONSIDERATION. That PURCHASER(S) agrees to pay to the PROMOTER for the purchase of the said Apartment an amount of Rs. /- (Rupees ____________________ Only) being the Sale Consideration for the said Apartment along with proportionate right in common areas to the extent envisaged here under and stipulated undivided interest in the said Property, along with payables and other charges as mentioned in the payment plan annexed as “Annexure D”. Amounts payable as other charges are as set out in “Annexure D1” along with the list of outgoings annexed hereto as “Annexure-D2”. All amounts and outgoings as reflected in Annexure D1 and Annexure D2 are hereinafter referred to as the said “Additional payments”. All stamp duty, registration charges, taxes, levies, cess etc. as may be applicable is exclusive of these amounts and outgoings. The amounts mentioned in the Annexure D1 and Annexure D2 as Additional Payments are provisional and based on estimates. If there are any additional charges and/ or increase in the existing charges due to inflation, demand by statutory authority and/ or otherwise, any shortfall shall be paid by the PURCHASER(S). These amounts are not inclusive of consumption of water, fuel, powers etc. for the Apartment/ Building/Complex/ Project for common areas, electricity, facilities and amenities, which shall be separately charged and payable by the PURCHASER(S) on a monthly basis to the PROMOTER, without demur or delay thereof. It is hereby expressly clarified, agreed and understood that in the event of there being any retrospective or prospective increase in the amounts mentioned in the said Additional Payments, and/or any other additional amounts/deposits/charges/levies which are not referred to therein becomes payable, for any reason, then the PURCHASER(S) shall be liable to bear and pay the same within on or before the date mentioned in the intimation / demand letter issued by the PROMOTER in this regard. Sale Consideration and the said Additional Payments as mentioned hereinabove is exclusive of any taxes, charges, levies, cess, assessments and all other impositions which may be levied by local authority and said Statutory Authorities, any appropriate authorities would include (but not limited to), taxes like value added tax, works contract tax, service tax, tax deductible at source(TDS) and any other taxes, both present and future, as may be applicable from time to time, shall be separately charged and recovered from the PURCHASER(S).
SALE CONSIDERATION. 4 Section 2.01. Sale......................................................................................4 Section 2.02. Consideration.............................................................................5
SALE CONSIDERATION. On the Closing Date and contemporaneously with the execution of this Agreement, the Sunbelt Shareholders are delivering to NSI all of the Sunbelt Shares. The purchase price payable in respect of the Sunbelt Shares shall equal the sum of the Initial Purchase Price and the Earn-Out Payments, each as defined herein (such aggregate amount, the “Purchase Price”). The “Initial Purchase Price” shall be equal to €707,850 (seven hundred seven thousands eight hundred fifty euro) to be paid subject to Section 2.1(b) below, in whole or in part amount, by NSI to the Sunbelt Shareholders, pro rata in accordance with their respective ownership of the Sunbelt Shares on the Closing Date, as Mx. Xx Xxxxxxxx shall direct, at such time or from time to time and to the extent that Sunbelt shall have a Positive Cash Balance (as defined below) at the time of payment. In addition, in accordance with and subject to the terms, provisions, and conditions of this Section 2.1, NSI will make monthly payments to the Sunbelt Shareholders (“Earn-Out Payments”) with respect to payments made to NSI under the Distribution Agreement during the two years beginning January 1, 2006 and ending December 31, 2007 (the “Earn-Out Period”), provided that, with respect to each Earn-Out Payment, (1) Sunbelt achieves Net Operating Income equal to or greater than zero for the respective Monthly Measuring Period (as defined below) in which the applicable Earn-Out Payment was earned, and (2) Sunbelt shall have a Positive Cash Balance as of the last day of the Monthly Measuring Period in which the applicable Earn-Out Payment was earned. The parties agree that the Earn-out Payments payable with respect to the three-months ended March 31, 2006 shall be equal to $656,826.25. Accordingly, on the Closing Date, NSI will (i) pay to the Sunbelt Shareholders, by wire transfer of immediate available funds to such accounts as Sunbelt Shareholders have designated in writing to NSI, pro rata in accordance with their respective ownership of the Sunbelt Shares on the Closing Date, the sum corresponding to 80% of the Earn-Out Payments accrued on March 31, 2006, in an aggregate of $525,461.00; and (ii) deposit on the Escrow Account the amount of $131,365.25, equivalent to 20% of the Earn-Out Payments accrued on March 31, 2006. * Denotes confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and Exchange Commission pursuant to R...
SALE CONSIDERATION. 3.1. The Purchaser(s) approached the Developer herein for purchasing a self-contained flat and the Developer/Confirming Partyhas agreed to sell out of the Developer’s Allocationand the Purchaser(s) has agreed to purchase ALL THATtheBLOCK – ,Flat No. on the FLOORof the Said Building measuring Super Built up area of Sq. ft.,Approximately of the Said Premises lying and situate at the Premises No.Holding Xx. 000, Xxxxxxx Xxxx, Xxxxxxxx - Xxxxxx, within Police Station – Shibpur, more fully described in the SECOND SCHEDULEhereunder written and hereinafter called “the SAID FLAT/ UNIT”together withthe undivided proportionate impartible share and/or interest in the land comprised in the Said Premises attributable to the Said Flat/unit and right over the common areas, facilities, amenities and installations in the Said Building at or for the consideration amount(Including GST) of Rs.
